on 10-12-2014 1:30 PM
Hi Friends ,
Can you please explain about
1) Invert processing
2) Bonding ware house concept
Thank you in advance
Hi There,
These are more advanced customs procedures, that involve both inbound & outbound flows, customs procedure changes, scrapping, usually detailed regular reporting to authorities, etc..
If you did exports and imports in GTS before, in a very simple view they are combined together..
1) for Inward processing, some intro in english you can find here :
Inward Processing - Detailed guidance - GOV.UK
2) for Bonded Warehouse, try this link :
Customs warehousing - Detailed guidance - GOV.UK
If this is a requirement from the customer and you`re planning to implement these on your (first?) GTS project, note that it can be a very steep mountain to climb...
Regards,
Branio
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